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Venture firm targets Central and Eastern European startups as Romania grapples with economic woes.
Early Game Ventures, a venture capital firm, plans to invest in eight to ten Central and Eastern European tech startups with a EUR60 million fund by 2025.
Meanwhile, Romania faces economic concerns, including a possible downgrade to "junk" status and a 22% year-over-year increase in the government budget deficit.
Banca Transilvania approved distributing dividends and free shares, totaling EUR 320 million from its 2024 net profit.
The number of foreign capital companies in Romania declined by 6.57% in the first quarter.
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La empresa de capital riesgo se dirige a las startups de Europa Central y del Este, ya que Rumania se enfrenta a problemas económicos.